Effective Date Payments definition

Effective Date Payments means the payments required by the Bankruptcy Code or
Sample 1Sample 2Sample 3
Effective Date Payments means the dividends and other payments, including various dividend distribution promissory notes, expected to be made by the Borrower on or around the Effective Date and which are identified as Effective Date Payments in the Sources and Uses.
Sample 1Sample 2
Effective Date Payments means a prepayment of principal of the Subordinated Notes in the aggregate amount of $633,332 to be made to the Subordinated Creditors on or about the date hereof, subject to the terms and conditions hereof, and a prepayment of principal in the amount of $316,666 to be made to Xxxx Xxxxxxx on the same date.
Sample 1

Examples of Effective Date Payments in a sentence

  • On the Effective Date or as soon as practicable thereafter, the Reorganized Debtors shall fund or arrange for the funding of the Effective Date Payments.

  • Before the entry of the Confirmation Order, the Debtor shall deposit Cash with the Disbursing Agent in an amount totaling the aggregate of all Effective Date Payments to be made by the Disbursing Agent.

  • To the extent Effective Date Payments exceed $25 million (the "Effective Date Payment Cap"), Frontline reserves the right to withdraw or modify the Plan; provided however that any modification which deviates materially from the terms of the Bondholder Plan Support Agreements will cause such agreements to terminate.

  • The Effective Date Payments are going in – and right out day one ! Indeed, the way the metrics is set up it makes no difference if the Effective Day Payments come in as equity or debt – they can take out all the money through the This is a plain scam on creditors and the Court.

  • On the Effective Date, the Debtor shall distribute to each holder of a Allowed Class 2A Claim such holder's allocable portion (rounded in accordance with Section 5.8 of the Plan) of the Class 2A Effective Date Payments, New Term Notes and New Payless Common Stock to be distributed in accordance with the provisions of Section 3.4(a) of the Plan.

  • If Debtor can somehow raise the $2.0 million needed to trigger Auctus’ obligation to fund the balance of the First Year Projected Operating Costs and the Effective Date Payments, Debtor must still raise sufficient funds to pay the $10 million-$12 million needed for the Phase 2 trial.

  • Effective Date Payments means all payments which must be made on the Effective Date or as soon as practicable thereafter.

  • The DDA is discussing allocating a 50k budget surplus into a revolving loan fund.

  • The Exit Funding should be sufficient to make the Effective Date Payments (as 23 defined below), as well as provide working capital of at least $10 million.

  • Prior to the entry of the Confirmation Order, the Reorganized Debtor shall deliver Cash to the Disbursing Agent in an amount totaling the aggregate of all Effective Date Payments to be made by such Disbursing Agent, and shall deliver to the Disbursing Agent the shares of the New Common Stock which are to be distributed on the Effective Date.

Related to Effective Date Payments

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Aggregate Payments as defined in Section 7.2.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Termination Payments has the meaning specified in Section 10(a).

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • Effective Date of Termination means the date on which a Qualifying Termination occurs, as provided in Section 2.2 herein, which triggers the payment of Severance Benefits hereunder.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Additional Compensation has the meaning set out in Section 13.3(1).

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.